WBE 0.00% 0.6¢ whitebark energy ltd

Ann: Wizard Lake Well Frac Commences, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 75 Posts.
    lightbulb Created with Sketch. 17
    This is of course the truth and a very valid point. Oil (and gas) accumulations are generally in the vicinity of plate boundaries.  It follows that plate movements would continually result in the shifting of fluids and gasses in porous or fractured rock media. 

    My only reservation to fracking relates to the competence of operators and level of information used to perform these operations.  If done and monitored properly, the risk of environmental release is minimised.  If, (as tends to be the case when people try to cut costs) cowboys take over, then it all goes to hell. The regulators of course have to consider this and they understandably implement measures to mitigate the potential for this to occur. 

 
watchlist Created with Sketch. Add WBE (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $2.523M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 491799 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 149998 1
View Market Depth
Last trade - 16.12pm 26/11/2024 (20 minute delay) ?
WBE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.